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Mergers and acquisitions Following the merger of Ultimate Software and Kronos Incorporated, the Ultimate Kronos Group was established in April 2020.
In February 2020, the company announced a merger with Ultimate Software and that the combined company would be led by Aron Ain and be called Ultimate Kronos Group. The merger was officially completed on April 1, 2020.
Aron Ain is an American software technology executive [1][2] and author. He became the CEO of UKG (Ultimate Kronos Group) in 2020, a role he held until being named UKG Executive Chair, effective July 1, 2022. UKG was created from the merger of Ultimate Software and Kronos Incorporated, and provides global HCM [clarification needed] and ...
Ultimate Kronos Company, a human resources management company used by several big name brands, corporations and municipalities, was the victim of a ransomware attack on Dec.11. See: The IRS Has...
Ultimate Kronos Group confirmed a ransomware attack impacted several services companies use to manage their employees and payrolls.
Smaller rivals to UnitedHealth's tech unit Change Healthcare say they are signing longer-term contracts with hospitals and other customers who had temporarily switched from the company after ...
In February 2020, Ultimate Software announced its plan to merge with Kronos Incorporated to form a cloud-computing venture specializing in human resource software. The merger was completed on April 1, 2020. The company is named Ultimate Kronos Group. [7][8]
In February 2019, it was announced that Hellman & Friedman purchased Ultimate Software for $11 billion, an all-cash transaction. [11] Ultimate Software has since been combined with Kronos Incorporated, and rolled into the brand Ultimate Kronos Group. [12] In December 2019, Hellman & Friedman acquired AutoScout24, a European automotive digital marketplace, for 2.9 billion euros ($3.2 billion ...